MTC Logistics, a subsidiary of Hoffberger Holdings, Inc., will expand its Port of Baltimore temperature-controlled distribution center located at the Chesapeake Commerce Center. “The strategic position immediately adjacent […]
The European Shippers’ Council and the Asian Shippers’ Meeting said they have “agreed to take their cooperation to the next level,” according to a statement after a meeting last […]
Shipper groups are expressing reservations over the plan by the three largest container carriers — Maersk, MSC and CMA CGM — to form a P3 alliance to operate on […]
The Port of Oakland Truckers Association said that as many as 800 drivers may not be able to work at the port after Jan. 1 because of California clean […]
Holt Logistics Corp. said Tuesday that Bermuda Container Line (BCL) will move its U.S. port of call from Elizabeth, N.J., to Holt’s Packer Avenue Marine Terminal in Philadelphia in […]
The U.S. Export-Import Bank has approved a $61.1 million direct loan to Inversiones Eolicas de Orosi Dos S.A. (Orosi), a subsidiary of Central American wind-generation company Globeleq Mesoamerica Energy, […]
Representatives to the World Trade Organization’s General Council held the “most intensive” negotiations in Geneva since July 2008, but final agreements remain elusive in the face of the Bali […]
The 26,500-DWT ships, which are being built by VT Halter Marine, will have a cargo capacity of approximately 2,400 TEU, with additional space for nearly 400 vehicles. They are […]
JF Hillebrand Group AG, a third-party logistics specialist in the beverage industry, has acquired Houston-based Satellite Logistics Group. Terms of the deal were not disclosed. SLG specializes in […]
The World Trade Organization released a final report this week backing the European Union’s ban on trade in products of commercial seal hunts. In 2010, Canada and Norway initiated […]
United Arab Shipping Company is introducing two new feeder services to improve its service in Asia. “The dedicated and direct services will run weekly, covering Japan, Central and […]
The company said transported volume reached 493,512 TEU in the third quarter of 2013, an increase of 5.6 percent compared to the second quarter of 2013 and of 0.8 […]
The lawsuit claims the commission, which was created in 1953 to fight corruption, “has gone off the rails to pursue a future role for itself that is well outside […]
CMA CGM, the world’s third largest container shipping company, said it had a profit attributable to shareholders of $70 million in the third quarter, compared to $363 million in […]
The investment banking firm Jefferies cautioned, however, that it thinks “most of the cost savings potential may have been exhausted, particularly after a steep cut in fuel consumption in […]
The European Commission said it has “opened formal antitrust proceedings against several container liner shipping companies to investigate whether they engaged in concerted practices, in breach of EU antitrust […]
The U.S. International Trade Commission voted to investigate imports of certain windshield wipers — “flat blades” or “beam blades,” as referred to by the automotive industry — and related […]
The U.S. and Moroccan governments Thursday signed a Trade Facilitation Agreement with a focus on improving transparency of customs practices between the two countries. The deal builds on the United […]
The U.S. Department of Transportation announced that a $275 million loan under the Transportation Infrastructure Finance Innovation Act (TIFIA) has been issued to Georgia to build new reversible lanes […]
A Port of Cleveland official said the service will be the “fastest and greenest route” between Europe and North America’s heartland, allowing regional companies to potentially ship goods four […]
Paul N “Chip” Jaenichen, the acting head of the U.S. Maritime Administration (MarAd), told the U.S. Senate Committee on Commerce, Science, and Transportation that if he is made the […]
Transpacific Stabilization Agreement members are adopting a two-step “guideline” rate increase that, when combined, would hike freight rates $500 per 40-foot container in December and January.
The Rotterdam Maasvlakte I terminal will modify five of its existing post-Panamax cranes so they can reach across 23 rows of containers and accommodate the latest generation of ultra-large […]
The Alliance for the Great Lakes is raising the alarm over plans to ship tar sands crude oil on the Great Lakes. In addition to supporting fisheries and tourism, […]
Containership owner Seaspan Corp. said this week that it plans to sell 3.5 million shares of Class A common stock that will be priced at $22 per share. […]
The organization has further postponed the start of a public hearing about adding longshore workers in the Port of New York and New Jersey from Nov. 25 to a […]
Drewry says the most recent edition of its Carrier Performance Insight report “revealed a disappointing drop in performance for both ship-level and container-level reliability.” The London-based consultant and […]
The P3 Network carriers – Maersk, Mediterranean Shipping Co. and CMA CGM – have started sharing details of their proposed vessel-sharing agreement with U.S., European and Chinese regulatory authorities. […]
Afederal judge found an insurer was justified in rescinding an ocean marine insurance policy because the insured misrepresented the value and condition of a dry dock it insured. (Catlin […]
Hub Group typifies the shift to more diverse services in this market space. In the railroad world, the moniker “hub” is well suited to Chicago, with its mass […]
ACL’s added capacity will allow it to increase shipper cargo allocations. Andy Abbott, president and chief executive officer of Atlantic Container Line, said he’s looking forward to being able to […]
Shippers “call the shots” as to where container carriers send their ships, said Anil Vitarana, president of United Arab Agencies, the agent for United Arab Shipping Co. (UASC) in […]
Fault lines make unified voice for cargo groups elusive. With the globalization of business and the bigger regulatory role being played by international bodies, such as the International Maritime Organization (IMO), there […]
The city council voted 6-3 on Tuesday night in favor of a recommendation by Mayor Bob Foster that Thomas Fields be removed as president of the Long Beach Board of […]
The U.S. Federal Maritime Commission said it’s “accepting further public comment on the P3 Network Vessel Sharing Agreement” of Maersk, Mediterranean Shipping Co. and CMA CGM until midnight Friday, Nov. […]
Port Canaveral said it will receive $9.7 million from the state of Florida to help pay for expansion of its container facilities. A large cruise ship port, Port […]
Non-vessel-operating common carrier CaroTrans will start a new direct less-than-containerload service from New York to St. Petersburg, Russia, on Nov. 23. This fortnightly service has a 21-day transit. […]
What UASC calls the AWSI and CSCL labels its AAS2 will be merged with Yang Ming’s PSW4, and each of the carriers say they will continue to use those individual […]
OOCL Canada has arranged for inspections and is expected to arrive in Shanghai later this week. OOCL said it has made arrangements for boxes to be transferred to another ship, which will […]
China Shipping Group said Xu Li Rong has been named chairman and party secretary, replacing Li Shaode, who is stepping down due to his age. Xu Li Rong’s […]
Maersk Line said it’s “business as usual” at the Port of Lazaro Cardenas on Mexico’s west coast Mexico’s federal government and military took over the port city last week […]
MOL Group said it’s expanding its logistic services. The Japanese company noted “in recent years, particularly in the Mekong region, the group has aggressively developed its networks, and […]
The Port Equipment Manufacturers Association (PEMA) said it has released an information paper on the electrification of rubber-tired gantry (RTG) cranes in ports and terminals – “a key issue facing […]
The Korean Register and Russian Register of Shipping have recently entered an agreement to cooperate on shipbuilding. The aim is the continued development and promotion of the international […]
Yusen Logistics and Imperial Health Services have started a dedicated, temperature-controlled ocean freight consolidation service from Europe to southern Africa. This weekly service, which begins in January, will […]
Robert Bugbee, president of Scorpio Tankers, has been named as the Connecticut Maritime Association (CMA) Commodore for the year 2014. The 2014 Commodore Award will be presented to […]
Senior officials from the United States and Caribbean Community (CARICOM) met Friday to discuss enhanced cooperation in multilateral fora, an increased focus on intellectual property protection, development of e-commerce infrastructure, and removal […]
“U.S. agricultural exports from 2009-2013 increased by a total of more than $230 billion – and the average volume of bulk commodities exported increased by nearly 4 million tons per […]
The global commodities shipper said it’s working with the classification society DNV GL, Royal Dutch Shell and international advisory firm Xyntéo to “evaluate possible ways to use LNG for dry bulk and […]
He will succeed John Reinhart, who will step down on Jan. 31, 2014, to become the CEO and executive director of the Port of Virginia. Bruner joined Maersk in […]
Representatives from the New York Shipping Association, Waterfront Commission of New York Harbor, and the Port Authority of New York and New Jersey issued a terse statement that said […]
Evergreen and Hanjin Shipping will start a new weekly service linking Korea, China, Vietnam, Singapore and Malaysia. The “New Ho Chi Minh Service” (NHS) will employ four ships, […]
The U.S. International Trade Commission has initiated four investigations to examine the impact of the African Growth and Opportunity Act (AGOA) trade preference program on the economies of sub-Saharan […]
Furniture retailer IKEA has acquired a 46-megawatt wind farm located in Alberta, Canada, from Mainstream Renewable Power. Terms of the deal were not disclosed. Mainstream has started […]
The U.S. Export-Import Bank has backed two small businesses employing 165 workers in Wyoming and Texas to export about $7 million worth of nitrogen pumps to an energy company […]
The U.S. Commerce Department on Thursday reported that the country’s exports of goods and services dropped slightly to $188.9 billion, from $189.3 billion in August. Exports through the […]
U.S.-flag Great Lakes freighters carried 9.8 million tons of dry-bulk cargo in October, an increase of 14.4 percent compared to a year ago, according to the Lake Carriers’ Association […]
Hanjin Shipping said it had a loss of 317.6 billion ($297 million) South Korean won in the third quarter compared with a loss of 47.3 billion won in the […]
Axel Mattern, the Port of Hamburg’s marketing chief executive officer, said he anticipates anticipates seaborne cargo throughput for the full year of up to 138.5 million tons. That would […]
The Department of Defense said that Maersk Line Ltd., the U.S.-flag arm of Maersk based in Norfolk, Va., has been awarded a $73,677,038 firm-fixed-price contract for the time charter […]
The U.S. Department of Agriculture’s Animal and Plant Health Inspection Service is considering which pests actually pose a risk to the country’s agriculture sector when found in imported goods […]
Quarterly revenue of $14.6 billion for the group was down less than 1 percent, and the company said increased profit was achieved at all its businesses except Maersk Oil […]
The American Institute for International Steel has appointed Richard Chriss as its new executive director, replacing David Phelps, who is retiring. Phelps served as the AIIS executive director […]
Piraeus Container Terminal (PCT), a wholly-owned subsidiary of COSCO Pacific Limited, and Piraeus Port Authority have proposed to amend a 2008 concession agreement relating to Piers 2 and 3 […]
Ocean liner carriers “have had little choice but to focus on cost savings and increased efficiency as their strategy,” said Christopher Koch, president and chief executive officer of the […]
The Port of Oakland said Friday it has completed construction of its shore power infrastructure that will allow ships to “cold iron” — plug into electricity generated on shore […]
Import volume at the nation’s major retail container ports grew 6.5 percent in October compared to the same month last year despite the government shutdown, and year-over-year increases are […]
Hapag-Lloyd said it had profit in the third quarter of 16.6 million euro ($22.31 million), compared with 45.6 million euro in the same period last year, but said freight […]
Hanjin Shipping said Young Min Kim, president and chief executive officer, resigned “to take responsibility for the company’s continuing losses and delay on financial support from major creditor banks.”
The Canadian Industrial Transportation Association is changing its name to Freight Management Association of Canada/Association canadienne de gestion du fret. Robert Ballantyne, president of the group, said the […]
The Russian merchant fleet welcomed its first very large crude carrier (VLCC) during a naming ceremony last Thursday at the Bohai Shipbuilding Heavy Industry shipyard in China. The […]
Under the program, ocean carriers will earn $5 per TEU for each incremental container shipped through the port in 2014. The rate jumps to $15 per TEU if a […]
Since 2005, plant cargo into Atlanta has increased from fewer than 4 million plant imports to more than 200 million plants, according to officials. Atlanta is also the second-busiest […]
The U.S. Federal Maritime Commission has received 34 ocean transportation intermediary license applications and changes for review.
The U.S. Federal Maritime Commission has received 34 ocean transportation intermediary license applications and changes for review. The FMC received non-vessel-operating common carrier license applications from Alpha Global Enterprise, […]
FMC reviews 34 OTI license applications
The U.S. Federal Maritime Commission has received 34 ocean transportation intermediary license applications and changes for review.
The U.S. Federal Maritime Commission has received 34 ocean transportation intermediary license applications and changes for review. The FMC received non-vessel-operating common carrier license applications from JZ Cargo Logistics […]
The U.S. Federal Maritime Commission has received 34 ocean transportation intermediary license applications and changes for review.
APL Turquoise, a ship deployed on APL’s Asia-Australia Express (AAX) service that connects Singapore, Port Kelang, Malaysia, and various ports in Australia was unable to offload cargo in Fremantle […]
“North Europe Global Port Tracker” projects a recovery in container cargo volumes next year, just as significant numbers of ultralarge containerships are being delivered.
The U.S. Maritime Administration said Thursday it will spend $1.4 million on two projects looking at use of liquefied natural gas as a fuel for marine propulsion. In […]
Minjie China COSCO Holdings Co. Ltd. said Thursday in a notice posted with the Hong Kong Stock Exchange that it “has been informed by the controlling shareholder, China Ocean Shipping (Group) […]
Matson said Wednesday it has signed a contract to have Aker Philadelphia Shipyard build two new 3,600-TEU containerships for an aggregate price of $418 million. The new ships […]
At a meeting with the New York Shipping Association and Waterfront Commission of New York Harbor over hiring additional longshoremen there was “a great deal of progress,” according to […]
The Mexican military and federal police have taken control of the port city of Lazaro Cardenas. CNN said a government spokesman told it that “the Mexican navy, army, […]
Horizon’s president said the improvement was “driven largely by reduced vessel charter expense, increased non-transportation revenue, lower dry-dock transit and crew-related expenses, and reduced overhead.”
The container terminal has a designed capacity of 2.8 million TEUs and is designed to service the world’s mega container vessels. The terminal is expected to commence operations in […]
Expeditors International of Washington said it had a profit of $92.4 million in the third quarter of 2013, 4-percent more than the $88.5 million earned in the same 2012 […]
Clean Energy Fuels Corp. said last week that it has placed a purchase contract on property in Jacksonville, Fla., where it hopes to build a liquefied natural gas (LNG) […]
NYK and its Nippon Container Terminals subsidiary are acquiring a 12.5-percent stake in Yang Ming’s Kao Ming Container Terminal Corp. (KMCT). KMCT was established as a build-operate-transfer project […]
Damco has opened a new warehouse in Semarang, Central Java. The warehouse is Damco’s fourth container freight station (CFS) facility in Indonesia and the second in Semarang. The company’s […]
Drewry said the P3 carriers are projected to maintain or improve headhaul vessel speeds, and the firm expects competitors “to follow P3’s speed improvement on headhaul routes in 2Q […]
The Port of Jacksonville and long-time tenant Trailer Bridge, Inc., have signed a new 10-year lease contract, which includes two additional five-year options. The agreement continues the company’s operations […]
The Shanghai Container Freight Index spiked upward on Friday, reflecting general rate increases being implemented by many carriers. Container spot rates increased for the sixth time in the past […]
Rickmers Holding GmbH & Cie. KG, parent of the Rickmers Group of shipping companies, has increased a corporate bond placed in June 2013 by 50 million euros ($67 million) […]
The Port of Long Beach is ready to meet California’s mandate for at least half of all container ships to run on shore-side electricity at berth beginning Jan. 1, […]
Hutchison Port Holdings (HPH) said it had profit of 966.3 million Hong Kong Dollars ($124.6 million) in the third quarter ending September 30, about 2 percent less than the […]
Non-vessel-operating common carrier Vanguard Logistics Services announced customers will be able to book their cargo to worldwide destinations from India on the NVO’s bill of lading and have 24-hour […]
